One Big Bullish Rally, and All These Short Traders Could Be Finished !!!
Guys, look at the journey of $MOVE . It has fallen all the way from $1.22 to around $0.0065. After such a long downtrend, plenty of short traders may have entered expecting the price to keep falling.
But imagine what happens if MOVE suddenly makes a strong move upward. All those short positions could become fuel for a bigger pump, as traders rush to close their positions or get liquidated. 💥
We’ve seen similar moves in $LSK and $IRYS . They pumped hard, caught short traders off guard, and then the price moved down again.
1$ is the big level I’m keeping on my radar. A recovery toward that price would be massive, and if a short squeeze starts, the move could happen much faster than people expect.
But guys, these moves don’t happen on demand. We may have to wait, and the price could keep struggling before any real rally begins.
Sometimes patience is the hardest part. If MOVE ever makes that move, the people watching closely will understand why the wait mattered.
Guys, look at the journey of $MOVE . It has fallen all the way from $1.22 to around $0.0065. After such a long downtrend, plenty of short traders may have entered expecting the price to keep falling.
But imagine what happens if MOVE suddenly makes a strong move upward. All those short positions could become fuel for a bigger pump, as traders rush to close their positions or get liquidated. 💥
We’ve seen similar moves in $LSK and $IRYS . They pumped hard, caught short traders off guard, and then the price moved down again.
1$ is the big level I’m keeping on my radar. A recovery toward that price would be massive, and if a short squeeze starts, the move could happen much faster than people expect.
But guys, these moves don’t happen on demand. We may have to wait, and the price could keep struggling before any real rally begins.
Sometimes patience is the hardest part. If MOVE ever makes that move, the people watching closely will understand why the wait mattered.
